Research &amp Data

Texas Employment Update

The Texas economy continued to expand in April; the state added 52,700 jobs. Year to date, Texas has gained 128,100 jobs. (Table 1).

Table 1
Monthly Job Growth in Texas

Number of jobs added

Annualized growth rate

Year to Date 2014

128,100

3.43

April 2014

52,700

5.69

March 2014

12,400

1.32

February 2014

34,100

3.67

January 2014

28,900

3.11

Total 2013

277,900

2.52

SOURCES: Bureau of Labor Statistics, seasonal and other adjustments by the Federal Reserve Bank of Dallas. View full data series.

The Dallas Fed improves the Bureau of Labor Statistics' (BLS) payroll employment estimates for Texas by incorporating preliminary benchmarks into the data in a more timely manner and by using a two-step seasonal adjustment technique. Current Dallas Fed data are benchmarked through third quarter 2013. BLS data are benchmarked through third quarter 2013.

Types of Jobs Being Created in Texas

Chart 1 below provides a breakdown of employment growth since the start of 2014, listing each sector by its weight in the Texas employment mix.

Note

Data may not match previously published numbers due to data revisions.